@Phil Z.

The degree of difficulty is very similar to a real estate license for agents, but doesn't cover RE aspects in detail.What you get will be the regulations pertaining to residential loans, Reg Z, TILA, RESPA and disclosure requirements.

But that end buyer, is wholesaling it to another End-Buyer for $Z.The problem is, the End Buyer for $Z wants to close with his title company.

@James Z. 

Thanks Robert Z!!!!

now with that being said i don't know anyone who has ever been punished for doing it. also earlier this month the ohio division of real estate published it is illegal because of XY and Z and they are going to start punishing people for it. again i haven't seen any punishments but it was published in ohios months real estate news letter from the division. 

@Noor Z.

Servicers are and will be required to implement current servicing requirements on every note they service in some aspects, for example as Reg Z was modified, so they absolutely do not break out a portfolio and say, oh, this was originated before X date, therefore the old rules apply to that note, that's not how it works in reality Now, if a particular loan blows up, dates will be more important but it's not an excuse not to service a note to the extent of current intent of regulations.My notes have been under servicing for years, I would not attempt to service an OO note now, I find it amusing that some layperson not formally trained in lending and servicing could read some regulations and think they will be compliant, don't even go there.

I agree with the original post. the Z-Estimates are absolutely AWFUL and make it hard to explain to sellers that their property isn't actually worth what the site shows.

@Anthony Z.